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    <updateDate>2023-09-05T16:12:05Z</updateDate>
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    <originChamber>House</originChamber>
    <type>HR</type>
    <introducedDate>2017-06-23</introducedDate>
    <congress>115</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 163, Number 108 (Friday, June 23, 2017)]From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. CUMMINGS:H.R. 3031.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 1 of the United StatesConstitution (general welfare clause).[Page H5139]</pre>]]></constitutionalAuthorityStatementText>
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        <text>Motion to reconsider laid on the table Agreed to without objection.</text>
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        <text>On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H7954)</text>
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        <text>DEBATE - The House proceeded with forty minutes of debate on H.R. 3031.</text>
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        <text>Mr. Russell moved to suspend the rules and pass the bill, as amended.</text>
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        <fullName>Rep. Cummings, Elijah E. [D-MD-7]</fullName>
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        <party>D</party>
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        <district>7</district>
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        <fullName>Rep. Meadows, Mark [R-NC-11]</fullName>
        <firstName>Mark</firstName>
        <lastName>Meadows</lastName>
        <party>R</party>
        <state>NC</state>
        <district>11</district>
        <sponsorshipDate>2017-06-23</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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        <bioguideId>N000147</bioguideId>
        <fullName>Del. Norton, Eleanor Holmes [D-DC-At Large]</fullName>
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        <party>D</party>
        <state>DC</state>
        <middleName>HOLMES</middleName>
        <district>0</district>
        <sponsorshipDate>2017-06-29</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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        <bioguideId>C001078</bioguideId>
        <fullName>Rep. Connolly, Gerald E. [D-VA-11]</fullName>
        <firstName>Gerald</firstName>
        <lastName>Connolly</lastName>
        <party>D</party>
        <state>VA</state>
        <middleName>E.</middleName>
        <district>11</district>
        <sponsorshipDate>2017-07-19</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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        <bioguideId>W000804</bioguideId>
        <fullName>Rep. Wittman, Robert J. [R-VA-1]</fullName>
        <firstName>Robert</firstName>
        <lastName>Wittman</lastName>
        <party>R</party>
        <state>VA</state>
        <middleName>J.</middleName>
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        <sponsorshipDate>2017-07-24</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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        <bioguideId>B001281</bioguideId>
        <fullName>Rep. Beatty, Joyce [D-OH-3]</fullName>
        <firstName>Joyce</firstName>
        <lastName>Beatty</lastName>
        <party>D</party>
        <state>OH</state>
        <district>3</district>
        <sponsorshipDate>2017-08-04</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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        <bioguideId>S001177</bioguideId>
        <fullName>Del. Sablan, Gregorio Kilili Camacho [D-MP-At Large]</fullName>
        <firstName>Gregorio</firstName>
        <lastName>Sablan</lastName>
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        <state>MP</state>
        <middleName>Kilili Camacho</middleName>
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        <bioguideId>L000397</bioguideId>
        <fullName>Rep. Lofgren, Zoe [D-CA-19]</fullName>
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        <isOriginalCosponsor>False</isOriginalCosponsor>
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        <bioguideId>C001112</bioguideId>
        <fullName>Rep. Carbajal, Salud O. [D-CA-24]</fullName>
        <firstName>Salud</firstName>
        <lastName>Carbajal</lastName>
        <party>D</party>
        <state>CA</state>
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        <sponsorshipDate>2017-10-10</sponsorshipDate>
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      <item>
        <pubDate>2017-08-16T15:40:36Z</pubDate>
        <title>H.R. 3031, TSP Modernization Act of 2017</title>
        <url>https://www.cbo.gov/publication/53016</url>
        <description>As ordered reported by the House Committee on Oversight and Government Reform on July 19, 2017</description>
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        <number>115-84</number>
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      <summary>
        <versionCode>00</versionCode>
        <actionDate>2017-06-23</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2018-03-28T20:02:32Z</updateDate>
        <text><![CDATA[ <p><b>TSP Modernization Act of 2017</b></p> <p>This bill modifies the rules relating to withdrawals from the Thrift Savings Plan accounts of former federal employees and Members of Congress. Under current law, such employees and Members may make only one partial withdrawal upon reaching age 59-1/2 while employed or one withdrawal after retirement. The bill permits an unlimited number of such withdrawals. </p> <p>The bill also eliminates: (1) the automatic annuity as a default option if the plan participant does not make an election to establish an annuity, and (2) the limitation on age-based in-service withdrawals.]]></text>
      </summary>
      <summary>
        <versionCode>79</versionCode>
        <actionDate>2017-10-10</actionDate>
        <actionDesc>Reported to House without amendment</actionDesc>
        <updateDate>2018-03-28T21:17:10Z</updateDate>
        <text><![CDATA[ <p>(This measure has not been amended since it was introduced. The summary of that version is repeated here.)</p> <p><b>TSP Modernization Act of 2017</b></p> <p>This bill modifies the rules relating to withdrawals from the Thrift Savings Plan accounts of former federal employees and Members of Congress. Under current law, such employees and Members may make only one partial withdrawal upon reaching age 59-1/2 while employed or one withdrawal after retirement. The bill permits an unlimited number of such withdrawals. </p> <p>The bill also eliminates: (1) the automatic annuity as a default option if the plan participant does not make an election to establish an annuity, and (2) the limitation on age-based in-service withdrawals. </p>]]></text>
      </summary>
      <summary>
        <versionCode>36</versionCode>
        <actionDate>2017-10-11</actionDate>
        <actionDesc>Passed House amended</actionDesc>
        <updateDate>2018-04-05T19:51:25Z</updateDate>
        <text><![CDATA[ <b><br />TSP Modernization Act of 2017</b> <p>(Sec. 2) This bill modifies the rules relating to withdrawals from the Thrift Savings Plan accounts of former federal employees and Members of Congress. Under current law, such employees and Members may make only one partial withdrawal upon reaching age 59-1/2 while employed or one withdrawal after retirement. The bill permits an unlimited number of such withdrawals. </p> <p>The bill also eliminates: (1) the automatic annuity as a default option if the plan participant does not make an election to establish an annuity, and (2) the limitation on age-based in-service withdrawals. </p>]]></text>
      </summary>
      <summary>
        <versionCode>82</versionCode>
        <actionDate>2017-11-06</actionDate>
        <actionDesc>Passed Senate without amendment</actionDesc>
        <updateDate>2018-04-06T14:46:19Z</updateDate>
        <text><![CDATA[ <b><br />TSP Modernization Act of 2017</b> <p>(Sec. 2) This bill modifies the rules relating to withdrawals from the Thrift Savings Plan accounts of former federal employees and Members of Congress. Under current law, such employees and Members may make only one partial withdrawal upon reaching age 59-1/2 while employed or one withdrawal after retirement. The bill permits an unlimited number of such withdrawals. </p> <p>The bill also eliminates: (1) the automatic annuity as a default option if the plan participant does not make an election to establish an annuity, and (2) the limitation on age-based in-service withdrawals. </p>]]></text>
      </summary>
      <summary>
        <versionCode>49</versionCode>
        <actionDate>2017-11-17</actionDate>
        <actionDesc>Public Law</actionDesc>
        <updateDate>2018-04-06T19:23:20Z</updateDate>
        <text><![CDATA[ <br /><b>TSP Modernization Act of 2017</b> <p>(Sec. 2) This bill modifies the rules relating to withdrawals from the Thrift Savings Plan accounts of former federal employees and Members of Congress. Under current law, such employees and Members may make only one partial withdrawal upon reaching age 59-1/2 while employed or one withdrawal after retirement. The bill permits an unlimited number of such withdrawals. </p> <p>The bill also eliminates: (1) the automatic annuity as a default option if the plan participant does not make an election to establish an annuity, and (2) the limitation on age-based in-service withdrawals. </p>]]></text>
      </summary>
    </summaries>
    <title>TSP Modernization Act of 2017</title>
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        <title>TSP Modernization Act of 2017</title>
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        <title>To amend title 5, United States Code, to provide for flexibility in making withdrawals from a Thrift Savings Plan account, and for other purposes.</title>
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